Verizon Communications Inc. (VZ) Stock Analysis 2026

TelecommunicationsWireless & Broadband Communications
$48.09
as of 2026-09-18
+15.4% (52-week)50D MA $46.06  |  200D MA $45.53

BriMind AI Score

Proprietary
39
Weak
Price CAGR
4.4%
1Y Return
+15.1%
Analyst Upside
+1.9%
Rev Growth
-0.7%

Score based on historical price CAGR, revenue growth, analyst upside, and valuation factors. Updated daily.

AI scores and price targets are for informational and educational purposes only. They do not constitute financial advice or a recommendation to buy or sell any security. Past performance is not indicative of future results. Always conduct your own research before making investment decisions. Full Disclaimer →

About Verizon Communications Inc.

Verizon is the second-largest US wireless carrier by subscribers (68+ million postpaid phone lines) and a major broadband provider through its Fios fiber-optic network in the northeastern US. The company is known for network quality and reliability — its 5G Ultra Wideband (mmWave and C-band) network covers 200+ million people. Verizon acquired Frontier Communications in 2024 for $20B to expand its fiber footprint to 25+ million locations, marking a significant bet on fiber broadband growth.

How Verizon Communications Makes Money

Verizon earns from Consumer (~75% of revenue — wireless plans averaging $60+/month per postpaid line, Fios internet/TV, and device installment plans) and Business (~25% — enterprise wireless, private 5G networks, managed security, and wholesale). Wireless is the core business generating 80%+ of EBITDA. The Frontier acquisition adds 10+ million fiber passings that will be converted to the Fios platform, creating a second growth engine alongside wireless.

Verizon Communications Revenue & Profitability Breakdown

This chart shows how Verizon Communications's revenue flows through to profit. Each row deducts a layer of costs: first the direct cost of making products/services (Cost of Revenue), then operating expenses like marketing and R&D, then taxes. What remains at the bottom is net income — the actual profit shareholders own. High gross and net margins indicate a business with strong pricing power and efficiency.

Revenue
$138.89B
Cost of Revenue
-$56.32B
Gross Profit
$82.58B59.5% margin
Operating Expenses
-$50.63B
Operating Income
$31.94B23.0% margin
Tax & Other
-$15.77B
Net Income
$16.17B11.6% margin
Gross Margin
59.5%
Operating Margin
23.0%
Net Margin
11.6%
EBITDA Margin
36.5%

Key Financial Metrics

Verizon Communications Inc. trades at a trailing P/E of 13.05x, generates $17.47B in free cash flow, runs a debt/equity ratio of 184.08, and converts shareholder equity into profit at a 15.8% return on equity. For context: P/E ratio measures how much you pay for $1 of earnings (lower = cheaper, but fast-growing companies command higher P/E); Free Cash Flow is the cash left after running the business; Debt/Equity shows how leveraged a company is; Return on Equity shows how efficiently it turns shareholder capital into profit.

Market Cap
$208.15B
Enterprise Value
$356.24B
P/E (Trailing)
13.05
P/E (Forward)
9.49
PEG Ratio
0.95
EV / EBITDA
7.22
Price / Sales
1.36
Price / Book
1.83
Revenue
$138.89B
Revenue Growth
-0.7%
Earnings Growth
-22.0%
EBITDA
$49.34B
Gross Margin
59.5%
Operating Margin
23.0%
Net Margin
11.6%
Return on Equity
15.8%
Return on Assets
5.0%
Free Cash Flow
$17.47B
Total Cash
$2.28B
Total Debt
$172.53B
Debt / Equity
184.08
Current Ratio
0.60
Quick Ratio
0.46
Beta
0.23
Dividend Yield
5.7%
Payout Ratio
72.8%
Insider Ownership
0.1%
Inst. Ownership
71.4%
Short % Float
1.8%
Book Value / Share
$25.01

Wall Street Analyst Consensus

23 analysts covering Verizon Communications Inc. currently lean toward a Hold rating, with a mean 12-month price target of $51.56 (+7.2% vs the current price). Analysts set these targets after researching a company's earnings, competitive position, and industry trends — Strong Buy / Buy means the majority expect meaningful upside, while Hold means fair value near the current price rather than a sell signal.

Consensus RatingHold(23 analysts)
SellStrong Buy
Low Target$42.00-12.7%
Mean Target$51.56+7.2% upside
High Target$56.00+16.4%

Intrinsic Value Estimates for VZ

We use 1 valuation model to estimate VZ's intrinsic value. Intrinsic value is what a stock is truly worth based on the company's fundamentals, independent of what the market prices it at today. If multiple models agree the stock is undervalued, that convergence is a stronger signal.

Technical Price Signals

VZ is currently in a golden cross pattern, trading above its 50-day average of $46.06 and above its 200-day average of $45.53. Moving averages smooth out day-to-day volatility to reveal the underlying trend — a Golden Cross (50MA crosses above 200MA) is a classic bullish signal, a Death Cross is bearish, though both are lagging indicators that confirm trends rather than predict them.

Current Price
$48.09
50-Day MA
$46.06
▲ Price above
200-Day MA
$45.53
▲ Price above
Golden Cross Pattern
Price above both MAs — bullish signal

VZ Investment Case: Bull vs Bear

VZ's investment case breaks down into 4 bull points and 4 bear points below. The bull case outlines the key reasons the stock could outperform — competitive advantages, growth catalysts, and market tailwinds. The bear case highlights the most significant risks. A strong bull case with manageable bear risks typically makes for a more compelling investment.

Bull Case (Reasons to Buy)

  • Highest dividend yield among major telecoms (6.5%+) with 18 consecutive years of increases — one of the most reliable income stocks for yield-focused investors.
  • Frontier acquisition ($20B) doubles Verizon's fiber footprint to 25M+ passings — fiber broadband is a high-margin, sticky product with low churn.
  • 5G network quality leadership — Verizon's C-band and mmWave 5G consistently ranks highest in speed tests, supporting premium pricing.
  • Fixed wireless access (5G Home Internet) is growing rapidly as a cable alternative — providing broadband without laying fiber.

Bear Case (Key Risks)

  • Subscriber growth lags T-Mobile — Verizon has been losing postpaid phone market share as T-Mobile offers more aggressive pricing.
  • Massive debt load ($150B+) constrains flexibility — spectrum auctions, Frontier acquisition, and network buildout have loaded the balance sheet.
  • Fios geographic footprint is limited to the Northeast — unlike AT&T Fiber's broader expansion, Verizon's fiber growth requires Frontier integration.
  • Cord-cutting continues to pressure Fios TV revenue — the transition from bundled TV+internet to standalone internet reduces ARPU.

What to Watch: VZ Key Metrics

Postpaid phone net adds
Fios + Frontier fiber subscriber growth
Free cash flow and dividend coverage
Debt reduction progress
Fixed wireless access subscriber growth

VZ Stock — Frequently Asked Questions

Read the full VZ in-depth report
Seven-method valuation, AI Score, blended price target, and a 5-year Monte Carlo simulation for Verizon Communications Inc..

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Data sources: Financial metrics and market data sourced from company SEC filings, earnings releases, and investor relations disclosures. Price data, analyst consensus targets, and fundamental financials provided by financial market data providers. ETF data sourced from official fund prospectuses and index provider publications. AI scores and price targets are proprietary estimates — see our Methodology and Disclaimer for details.
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